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Acadia to sell celebrity rehab center operator Priory for $1.47 bln


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Acadia Healthcare Co Inc said on Wednesday it would sell its UK unit the Priory Group, a care homes operator known for its celebrity clientele, to private equity firm Waterland for about 1.08 billion pounds ($1.47 billion).
The deal comes more than a year after the behavioral healthcare services provider said it was looking to sell the business, which it had acquired in January 2016 for nearly $850 million.
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Acadia to sell celebrity rehab center operator Priory for $1.47 bln Back to video
Priory has more than 450 facilities throughout Britain and specializes in the treatment of mental health problems, including eating disorders, as well as alcohol and drug addictions. ....

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